Stay up-to-date with the latest update in the SaaS industry as we bring you the SaaS Weekly Roundup, which includes but not limited to breaking news on recent SaaS funding rounds. Discover which software-as-a-service companies are securing new investments, driving innovation, and shaping the future of cloud-based solutions.
Latest SaaS Weekly Roundup Funding News
Here we provide some SaaS Weekly Roundup Funidng News List.
Acadru raises $0.5M in AIG-led round
Acadru, a SaaS startup, has raised $0.5 million in a pre-Series A funding round. The investment was led by AIG Direct LLC, with participation from several other investors. This funding will likely be used to accelerate the company’s growth and expand its offerings. Acadru’s platform is focused on providing innovative solutions, and this investment signals confidence in its potential. The involvement of AIG and other investors underscores the startup’s promising future in the SaaS market.
Fabrication Bazar raises $3M pre-Series A
Ben & Gaws Private Limited, the company behind the manufacturing tech startup Fabrication Bazar, has raised $3 million in a pre-Series A round. This funding was led by Physis Capital, with additional participation from Japan’s Venture Capital ICMG and existing investor Inflection Point Ventures. The investment will likely support the company’s growth and expansion efforts.
Opkey Secures $47M in Series B Funding
Opkey, a startup specializing in AI-driven software testing solutions, has secured $47 million in Series B funding. The investment round was led by growth equity firm PeakSpan Capital. Opkey’s platform helps companies automate and streamline their software testing processes. This funding will support the company’s growth and further development of its AI technology. The round highlights investor confidence in Opkey’s potential to transform software testing.
Efficient Capital Labs Secures $11M Series A
Efficient Capital Labs (ECL), a top provider of revenue-based financing for B2B SaaS companies, has raised $11 million in Series A funding. The funding will support ECL’s efforts to expand its financing solutions tailored to SaaS businesses. This round of investment aims to enhance their services and scale their operations. With this new capital, ECL plans to strengthen its position in the market and support more B2B SaaS companies. The investment reflects growing confidence in ECL’s innovative financing model.
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Visa invests $5M in Workpay, Africa
Workpay, a Kenyan cloud-based payroll and HR SaaS platform founded by Paul Kimani and Jackson Kibigo, has secured $5 million in funding. Visa is joining this round, highlighting its confidence in Workpay’s innovative approach. The new funding will help Workpay expand its services and enhance its platform. This investment reflects the growing interest in digital payroll and HR solutions in Africa. With Visa’s support, Workpay aims to strengthen its market presence and support more businesses.
FLOWIT secures €4.2M seed funding
FLOWIT, a Swiss digital coaching SaaS platform, has raised €4.2 million in seed funding. The platform is designed to enhance employee development and well-being. Currently, it supports over 30,000 employees across various organizations. The funding will help FLOWIT expand its services and reach more users. This investment underscores the growing demand for digital coaching solutions in the workplace.
ESG Now secures $310K funding
ESG Now, a Brazilian SaaS startup specializing in Environmental, Social, and Governance (ESG) management, has raised $310,000 in a recent funding round. This investment was led by DOMO.VC, with additional support from Sicredi Comunitá, Ventiur, and Angels Wallet. The funds will help ESG Now advance its platform and expand its offerings. The startup focuses on helping companies manage and report their ESG performance more effectively. This funding aims to enhance their solutions and grow their impact in the ESG sector.
BemAgro Secures $2.6M Pre-Series A
Brazilian SaaS startup BemAgro has raised $2.6 million in a pre-Series A funding round. The investment was led by CNH Industrial, Suzano Ventures, and ATVOS. This funding will help BemAgro, which focuses on agricultural technology, expand its operations and enhance its software solutions. The backing from established industry players underscores the strong interest in tech innovations for agriculture. BemAgro aims to leverage these funds to drive growth and further develop its platform.
TransBnk raises $4M in Series A
India-based TransBnk, a transaction banking platform, has raised $4 million in its Series A funding round. The investment aims to support the company’s growth and expand its banking services. This funding round highlights confidence in TransBnk’s potential to innovate in transaction banking. The capital will be used to enhance their platform and services. This move positions TransBnk for significant growth in the financial technology sector.
BeyondMath lands $8.5M for AI sim
UK-based AI startup BeyondMath has secured $8.5 million in seed funding to advance its engineering simulation platform. The round was led by UP.Partners, with notable contributions from Insight Partners and InMotion Ventures, the investment arm of Jaguar Land Rover. BeyondMath focuses on leveraging AI to enhance engineering simulations. The funding will help the company expand its capabilities and reach. This investment highlights the growing interest in AI-driven solutions in engineering and technology.
Administrate secures £3.05M funding
Edinburgh-based Administrate, a SaaS company specializing in learning and training management software, has raised £3.05 million in its latest funding round. This new investment comes just over a year after the company secured £5 million. The additional funding will help Administrate further develop its platform and expand its market presence. The investment reflects continued confidence in Administrate’s growth and its role in the learning management sector. This round of funding aims to support the company’s ongoing innovation and customer acquisition efforts.
US fintech Amount secures $30M for AI boost
Amount, a US fintech specializing in digital origination and decisioning SaaS, has secured $30 million in its latest funding round. This investment aims to enhance its AI capabilities, allowing for more advanced data analysis and decision-making features. The additional capital will support the expansion of Amount’s technology and services. This funding round highlights growing investor confidence in the company’s potential to drive innovation in financial technology. With this boost, Amount is well-positioned to further its impact in the fintech industry.
Thera Raises $4 Million in Seed Funding
Thera, a payroll and payments platform, has raised $4 million in Seed funding. The round included investors such as Y Combinator, 10x Founders, Amino Capital, Zillionize, and Bayhouse Capital. Notable angels like Oliver Jung and Chris Bakke also participated. Thera plans to use the funds to enhance its platform and grow its team in New York City. This investment will support the company’s expansion and development efforts.
Uman secures €1.9M for AI B2B tool
Ghent-based Uman, specializing in AI-driven software for B2B sales teams, has raised €1.9 million in its latest funding round. The investment was led by Holland Capital and included contributions from existing investors imec and Seeder Fund. Uman plans to use this funding to further develop its platform and enhance its offerings for sales teams. The capital will support the company’s growth and expansion in the B2B sales sector. This funding round highlights investor confidence in Uman’s technology and market potential.
Read More: SaaS Weekly Roundup #14 – SaaS Funding Highlights
